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KOFY
Nov 9, 2012 11:30am PST
pay a dime more taxes. >> you saw house speaker, john boehner, there and he called the taxes a job killer. >> hurtful consequences of the fiscal clip come from increasing tax rates. ernst and young, raising the top rates would destroy nearly 700,000 jobs in our country. >> you would think there was a huge gam here, but what the budget report says is extending the bush era tax for everyone, what the republicans want, would create 8.1 million jobs, and increasing taxes on people making $250,000 a year would lower taxes for everyone else, but boost the gdp by 3% and create 6 million jobs. and the president said that's a 1 point difference, but conservatives say that that translates into a lot of jobs, and it's a big deal. we'll come back to you. >> all right, take a look outside and it looks nice right now, but it's wild weather around the bay area. rain and wind and even snow in the area overnight. looking at the hail that came down in the east bay, france, lightning knocked out power to an entire neighborhood. and amy has more. >> we're at 24th and fountain perfect a lot of people w
ABC
Nov 8, 2012 6:00am PST
, including republican house speaker john boehner. boehner said yesterday his party would consider tax increases under the right circumstances. he sent a tweet this morning to that effect. republican party needs to regroup after mitt romney's loss. veteran republican strategist wallace says the gop does need to change. >> what happens at this juncture is the same we talk about a war in the republican party between moderates and conservatives. that's an irrelevant and outdated debate it about is modernizing the language -- >> reporter: harry reid sounds ready to compromise saying in a news conference yesterday it is better to dance than to fight. "good morning america" will have more on the fiscal cliff, coming up at 7:00. tonight diane sawyer has an interview with john boehner. katie marzullo, abc7 news. >>> >> traffic and weather together next. >>> live look outside from the embarcadero looking at the bay, a lot of clouds, clear skies not going to last long that system mike has been warning us about is here how rain will affect your neighborhood forecast when we come back. sue will ch
ABC
Nov 10, 2012 5:00am PST
americans to pay more. republican response from house speaker john boehner said proposed tax hikes on small business owners would cost america hundreds of jobs. >> can't just cut our way to pros peerty. if we are serious,we have to combine cuts with revenue and that means asking the wealthiest americans to pay a little more in taxes. >> here's the problem with that. raising those rates on january 1st would, according to the independent firm earns and young, destroy 700,000 american jobs. that's because many of those hit by the tax increase are small business owners. >>> the white house said the president would veto any bill from congress from extends tax cuts for families making $250,000 or more. boehner said he won't consider raising taxes but he would consider eliminating tax loopholes. >>> a hercules city council member faces possible censure on advertise on an abc news indication of unethical and abuse of power. she's in hot water for silencing a resident over blog posts that she believed was critical of her. council will continue a draft resolution accruing devara of interfering
ABC
Nov 11, 2012 11:35pm EST
campaign trail thopets have tax cuts making less than $250,000 and you have john boehner saying somewhat saying we don't want to have any tax increases at all. so the pressure is on republicans to budge somewhat and you're going to see the question over the next couple of weeks is how do you see what form does that take. >> what other lessons or headlines do you think we got out of this year's election? >> the next washington you see is going to look a lot like the last washington you saw. you're going to have a democratic white house a democratic senate and republican house. so the question is how much more gridlock are we likely to see? you're probably going to see more gridlock in washington but voters may say we're sick and tired >> and i guess it's kind of appropriate that the new bond film came out this past weekend because the nation's top spy went down as a result of an affair. david petraeus. does it seem as if we have just gotten to the surface of this scandal here? >> there's so many unanswered questions as relates to david petraeus? why did congressional officials no
ABC
Nov 9, 2012 11:00am PST
pay a dime more taxes. >> you saw house speaker, john boehner, there and he called the taxes a job killer. >> hurtful consequences of the fiscal clip come from increasing tax rates. ernst and young, raising the top rates would destroy nearly 700,000 jobs in our country. >> you would think there was a huge gam here, but what the budget report says is extending the bush era tax for everyone, what the republicans want, would create 8.1 million jobs, and increasing taxes on people making $250,000 a year would lower taxes for everyone else, but boost the gdp by 3% and create 6 million jobs. and the president said that's a 1 point difference, but conservatives say that that translates into a lot of jobs, and it's a big deal. we'll come back to you. >> all right, take a look outside and it looks nice right now, but it's wild weather around the bay area. rain and wind and even snow in the area overnight. looking at the hail that came down in the east bay, france, lightning knocked out power to an entire neighborhood. and amy has more. >> we're at 24th and fountain perfect a lot of people w
ABC
Nov 7, 2012 5:00pm PST
reform. they need to make a better case on the tax policies. >> today john boehner stressed election was not a mandate for raising taxs.. >> and stocks sank on wall street. dow saw the worst day of the year. the nasdaq and dow drop considerably. others a they expect that had drop off if barack obama won. the president and congress cannot agree on an expiring $800 billion plan. >> workers strike against railly supermarket led to an arrest. tonight union employees gathering to show solidarity. alan wong is live at the railly's tonight with the story. >> there are communications director arrested here at the knob hill store. i'm told there is a dispute over a paycheck so a company spokesperson for the store chain says he was arrested for assaulting a railly's employee. this sunday nearly 8,000 uscw members have been onstrike and sea the railly's knob rilhill store chain wants to take way their family and retiree medical benefits as well as their sunday and premium pay. united food and commercial workers union is made up of mostly cash years, butchers, service clerks and produce workers.
ABC
Nov 7, 2012 4:00pm PST
work with republicans to solve the looming fiscal crisis. house speaker john boehner agreed to openness as long as it linked to entitlement reforms and oo i'm not suggesting we compromise on principle buzz suggesting that we commit ourselves to creating an atmosphere to see common ground and seize it. >> it's better to stand and to fight it's better to work together. everything doesn't are to be a fight. everything doesn't have to be a fight. that is the way it's been the last couple years. >> two leaders different. boehner prefers to wait until newly elected congress is elected. reid calling on congress to get the work done immediately. >> you can see from this map of the electoral vote everything from florida has been called and with florida's 29 votes it won't make much of a difference either way because if we have it to go, let's say blue for the president. woe be up to 332 votes so just widen his lead. and if we make it red, and give it to mitt romney he is still 235. mr. obama retaining the presidency. want to show you more things now. how people voted closer to home. we'
ABC
Nov 9, 2012 6:00pm PST
speaker of the house john boehner said everything, including increased revenue needs to be on the table and said it's time for the president to lee.d. >> thank you. wall street weighed in on what the president had to say today. stock prices on the rice after'z consumers sentiment reported at a more than five-year high. here is what happened after television. the dow finished with a gain of just four points. this is what the line looked like. they were just lining up to get boxes for thanksgiving and christmas and put their name on the list for christmas toys. >> this is really scary to see people braving elements just for that opportunity. >> we're crowded and money is tight. so this won't be a very good holiday season. >> they plan to sign up 4,000 families. the agency making a plea for don yaigs to meet demands. >> a former america's cup sailing team was devastated by the -- and lift spirits. here is the story. >> looks like a hot sauce bottle but it's supposed to be a plane. >> should go farther than a couple feet. i used to build model planes.. >> that is not stopping mario an
ABC
Nov 8, 2012 4:00pm PST
across the board are looming. >> speaker of the house john boehner appeared to dig in his heels on the suggestion of tax increases.. >> raising taxes on small business people is the wrong prescription given wheream> democratic stlat gist and former clinton advisor. >> i do think they get paid on the clinton play book on this. >> saying president needs to sell voters on a vision of compromise. >> the president doesn't make the case. people are confused on it. the way health care should have played out that makes boehner's job easier. >> speaker of the house's conversation coming up in about an hour from now on abc world news. the first indepth interview since tuesday's election. >> thank you. >> in addition to promising to work with house and senate members the president reaching outç=tc to reassure foreign leaders of his continuing cooperation. swerls leaders of germany and other countries was also announced today the president will take a historic trip to cambodia and myanmar. >> the pentagon says an iranian military plane fired upon, but did not hit a u.s. drone
ABC
Nov 10, 2012 6:00am PST
that doesn't ask the wealthiest americans to pay more. republican response from house speaker john boehner said proposed tax hikes on small business owners would cost america hundreds of jobs. >> can't just cut our way to prosperity. if we are serious about reducing the deficit, we have to combine spending cuts with revenue, and that means asking the wealthiest americans to pay a little more in taxes. >> here's the problem with that. raising those rates on january 1st would, according to the independent firm earnst and young, destroy 700,000 american jobs. that's because many of those hit by the tax increase are small business owners. >>> the white house said the president would veto any bill from congress from extends tax cuts for families making $250,000 or more. boehner said he won't consider raising taxes but he would consider eliminating tax loopholes. >>> a hercules city council member faces possible censure on tuesday on an abc news indication of unethical and abuse of power. the contra costa time reports the hercules councilwoman is in hot water with fellow council members
ABC
Nov 8, 2012 5:00am PST
the white house last night that includes house speaker ran john boehner. he says his party is willing to consider tax increases only under the right circumstances which include fewer tax loopholes and simpler, fairer tax code. right now all sides are laying out opening arguments for negotiations that are to come. they need to avoid severe and automatic government spending cuts and tax hikes that will take place january 1st. those cuts and hikes total 800 billion dollars. in the bay area there's hope president obama's reelection will bring amick boost especially in the silicon valley. with health care behind him the tech industry feels the president can turn his attention to jobs, housing and clean technology. katie marzullo, abc7 news. >>>s did are trying to determine how badly hurt an 11-month-old fremont baby was when she fell from a third story window yesterday. firefighters say the baby landed in bushes outside her home in the 800 block of walnut avenue yesterday afternoon the baby was unconscious when she was airlifted to the hospital but breathing and crying on arrival.
Search Results 0 to 10 of about 11